Mkam Etf (NASDAQ:MKAM) Short Interest Update

Mkam Etf (NASDAQ:MKAM) saw a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 3,822 shares, an increase of 661.4% from the April 30th total of 502 shares. Based on an average daily volume of 630 shares, the short-interest ratio is presently 6.1 days. Currently, 0.9% of the company’s shares are sold short.

Mkam Etf Price Performance

Mkam Etf stock remained flat at $31.98 during trading hours on Thursday. 109 shares of the company’s stock were exchanged, compared to its average volume of 910. Mkam Etf has a 52 week low of $28.71 and a 52 week high of $31.99. The company has a market cap of $13.11 million, a price-to-earnings ratio of 24.59 and a beta of 0.41. The business’s fifty day moving average price is $30.96 and its 200 day moving average price is $30.89.

Mkam Etf Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 30th were given a dividend of $0.2283 per share. The ex-dividend date was Monday, March 30th.

Mkam Etf Company Profile

The MKAM ETF (MKAM) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund seeks to provide the performance return of US large-cap equities, but with less volatility and downside risk. The actively managed fund utilizes a proprietary multi-factor model to shift the portfolios exposure between equities and fixed income investments. MKAM was launched on Apr 12, 2023 and is managed by MKAM.